89,582 Shares in CocaCola Company (The) $KO Acquired by Canandaigua National Bank & Trust Co.

Canandaigua National Bank & Trust Co. bought a new stake in shares of CocaCola Company (The) (NYSE:KO) in the 2nd quarter, HoldingsChannel reports. The firm bought 89,582 shares of the company’s stock, valued at approximately $7,280,000.

A number of other large investors have also recently added to or reduced their stakes in KO. Brighton Securities CORP. bought a new position in shares of CocaCola in the second quarter valued at $204,000. Arlington Trust Co LLC lifted its position in shares of CocaCola by 33.3% during the 2nd quarter. Arlington Trust Co LLC now owns 2,920 shares of the company’s stock valued at $237,000 after acquiring an additional 730 shares during the last quarter. Grove Bank & Trust boosted its stake in shares of CocaCola by 12.1% during the 2nd quarter. Grove Bank & Trust now owns 16,306 shares of the company’s stock worth $1,325,000 after acquiring an additional 1,756 shares in the last quarter. CGN Advisors LLC grew its holdings in shares of CocaCola by 3.7% in the 2nd quarter. CGN Advisors LLC now owns 5,733 shares of the company’s stock worth $466,000 after acquiring an additional 203 shares during the last quarter. Finally, CoreCap Advisors LLC grew its holdings in shares of CocaCola by 3.5% in the 2nd quarter. CoreCap Advisors LLC now owns 44,614 shares of the company’s stock worth $3,626,000 after acquiring an additional 1,512 shares during the last quarter. 70.26% of the stock is currently owned by institutional investors.

Key CocaCola News

Here are the key news stories impacting CocaCola this week:

• Positive Sentiment: Improved Middle East geopolitical tensions helped lift broader markets, providing a supportive backdrop for large-cap defensive stocks such as Coca-Cola. Coca-Cola in Focus as Eased Middle East Tension Lifts Markets
• Positive Sentiment: Coca-Cola remains a favored consumer-staples and dividend-growth name as weak consumer confidence and market volatility encourage investors to seek stable cash flow. Recent coverage also highlighted its strong second-quarter results and long dividend-growth record. Consumer Staples Stocks to Play Safe Amid Sinking Consumer Confidence
• Positive Sentiment: The latest quarter beat expectations, with earnings of $0.97 per share versus a $0.93 consensus and revenue of $13.37 billion versus $13.17 billion. Revenue rose 6.2% year over year, while full-year 2026 EPS guidance remains $3.27-$3.30. Coca-Cola Earnings and Guidance
• Neutral Sentiment: Coca-Cola appointed Luca Santandrea as general director for Poland and the Baltic operations. The change could support regional execution, although investors are also questioning whether KO is fully valued after its substantial gains this year. Coca-Cola Valuation Following Leadership Change
• Negative Sentiment: Expansion in China is creating near-term margin pressure. Investors may view the investment as strategically positive, but the added costs could weigh on profitability until growth scales. Coca-Cola Margin Hit From China Expansion
• Negative Sentiment: CFO John Murphy sold 152,483 shares worth approximately $13.3 million, reducing his direct holdings by about 35%. The filing attributed the sale to tax withholding on vested equity awards, which limits its bearish significance but may still weigh on sentiment. Coca-Cola CFO SEC Form 4 Filing

CocaCola Stock Performance

Shares of KO stock opened at $86.47 on Wednesday. CocaCola Company has a 1-year low of $65.35 and a 1-year high of $90.92. The company has a current ratio of 1.30, a quick ratio of 1.12 and a debt-to-equity ratio of 0.97. The company has a market capitalization of $372.03 billion, a price-to-earnings ratio of 25.97, a P/E/G ratio of 3.04 and a beta of 0.33. The stock’s fifty day simple moving average is $82.26 and its 200-day simple moving average is $78.99.

CocaCola (NYSE:KO) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.04. The firm had revenue of $13.37 billion for the quarter, compared to analyst estimates of $13.17 billion. CocaCola had a return on equity of 39.38% and a net margin of 28.56%.CocaCola’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.87 earnings per share. CocaCola has set its FY 2026 guidance at 3.270-3.300 EPS. On average, sell-side analysts predict that CocaCola Company will post 3.29 earnings per share for the current fiscal year.

CocaCola Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th will be issued a $0.53 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.5%. CocaCola’s dividend payout ratio is currently 63.66%.

Insider Buying and Selling

In related news, insider Bruno Pietracci sold 75,727 shares of the business’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $89.65, for a total transaction of $6,788,925.55. Following the transaction, the insider directly owned 35,393 shares of the company’s stock, valued at approximately $3,172,982.45. The trade was a 68.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Nancy Quan sold 31,625 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $80.93, for a total transaction of $2,559,411.25. Following the completion of the transaction, the executive vice president owned 223,330 shares in the company, valued at approximately $18,074,096.90. This represents a 12.40% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 1,655,202 shares of company stock worth $139,400,742 over the last ninety days. 0.90% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages have recently commented on KO. Wells Fargo & Company upped their target price on CocaCola from $90.00 to $95.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Bank of America lifted their price target on CocaCola from $90.00 to $95.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. Argus upped their price objective on shares of CocaCola from $91.00 to $97.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. Barclays raised their target price on shares of CocaCola from $91.00 to $93.00 and gave the stock an “overweight” rating in a report on Thursday, July 30th. Finally, Morgan Stanley restated an “overweight” rating and set a $100.00 price target (up from $89.00) on shares of CocaCola in a report on Wednesday, July 29th. Fifteen equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, CocaCola has an average rating of “Moderate Buy” and a consensus price target of $95.76.

CocaCola Company Profile

The Coca‑Cola Company (NYSE: KO) is a global beverage manufacturer, marketer and distributor best known for its flagship Coca‑Cola soda. Headquartered in Atlanta, Georgia, the company develops and sells concentrates, syrups and finished beverages across a broad portfolio of brands. Its product range spans sparkling soft drinks, bottled water, sports drinks, juices, ready‑to‑drink teas and coffees, and other still beverages, marketed under both global and regional brand names.

Coca‑Cola’s brand portfolio includes widely recognized names such as Coca‑Cola, Diet Coke, Coca‑Cola Zero Sugar, Sprite, Fanta, Minute Maid, Powerade and Dasani, and in recent years the company has expanded into the coffee and premium beverage categories through acquisitions such as Costa Coffee.